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Inclusion in AGOA is key to South Africa’s economic recovery | Freedom Front Plus | SA News

The renewal of and South Africa’s continued inclusion in the African Growth and Opportunity Act (AGOA) is not merely desirable – it is absolutely essential for the country’s economic survival, job creation and growth.

AGOA offers preferential access to the American market, which is crucial for creating thousands of jobs and facilitating billions of rand in exports.

South Africa’s economy is increasingly dependent on trade, especially amid declining commodity prices and shifting global demand.

Our largest trade partner, China, is experiencing further economic slowdown, putting additional pressure on our already fragile economy.

In 1994, South Africa contributed 28% of Africa’s…

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